DAILY SCRAP REPORT: Turkish mills refrain from buying, seek better market clarity

December 12, 2018 / www.metalbulletin.com / Article Link

Turkish steel mills remained out of deep-sea scrap markets on Tuesday December 11 because of continued uncertainty in the Chinese steel market, sources told Fastmarkets MB.

Market pessimism weighed on China's rebar prices in both the domestic and the export market again on Tuesday December 11.Buyers kept procurement rates low amid bad weather in China, with work suspended at many construction sites in northern China....

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